Sparklines

A Paris Exit Creates Climate Liability for U.S. Businesses

No matter who is president, there will be consequences for bucking global trends on addressing climate change.

A gas flare near Mentone, Texas.

Photographer: Matthew Busch/Bloomberg
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The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain: The U.S. exited the Paris Climate Agreement on Wednesday, formally casting off the signature international commitment to cut carbon emissions and limit global warming.